Used in organic synthesis as a building block for the development of pharmaceuticals and biologically active compounds. It serves as a key intermediate in the preparation of various heterocyclic compounds, which are often explored for their potential therapeutic properties. Its bromine atom allows for further functionalization through cross-coupling reactions, making it valuable in medicinal chemistry research. Additionally, it is utilized in the study of enzyme inhibitors and receptor modulators, particularly in the development of drugs targeting neurological disorders or cancer.